Key features to look for in reporting software

Looking for new software is often a daunting prospect for many businesses. There’s a need to invest in a more effective solution, but knowing where to begin or what to look for can be challenging. There are certainly a lot of options on the market when it comes to reporting software, with varying degrees of complexity depending on business size and requirements. However, whatever the size of your business, there are some key features that you should always look out for.

1. Customisable reports

Every business has different information needs and one report template does not fit all. That’s why customisable reports are beneficial so you can tailor the information to fit your requirements, meaning you only see the information you need and don’t have to spend hours sifting through information you don’t.

2. Integration

A business intelligence solution that integrates with your other business platforms is invaluable because it gives you a unified view. It’s no good knowing how one area is performing; you need to know how all areas are doing, and preferably at once.

3. One-click reporting

Not many people have hours to spend painstakingly inputting data to generate reports. You need information at your fingertips that can be generated by just a few clicks.

4. Ability to share information easily

To ensure the smooth running of any business, it’s vital that information can be shared easily with key personnel, rather than only being accessible for a certain few. Any good business intelligence solution will make it easy to share information with anyone who needs to know it.

5. Multiple formats

Different departments require different information and in different formats, such as spreadsheets, pdfs or visual graphs. That’s why it’s advisable to look for a solution that lets you view your information in a number of formats, and works for everyone. An added bonus would be the option to export the data to Excel so you can explore and analyse it further, within a familiar environment.

6. Real-time information

In any fast-moving business, it is vital to know how you’re performing in that very moment so you can make decisions based on the latest data and stay one step ahead. Real-time reporting is an invaluable feature to look for.

7. Intuitive

Above all, you need a business reporting solution that is intuitive, simple and easy to use so you can quickly get to grips with it and not spend hours trying to perform each task. Why not request a demo of your shortlisted solutions to help get the best feel for which is right for you.